NOT LISTED FOR SALE

517 W Elm St Boonville, IN 47601

Estimated Value: $72,000 - $173,000

4 Beds
2.5 Baths
1,998 Sq Ft
$54/Sq Ft Est. Value

Last Sold July 22, 2020

Last sale price $47,000 $24 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $638/month

388 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • Wood Siding
  • Oakdale Elementary School Rated A-
  • Community Storage Space
  • Carpet

About This Home

As of July 2020

Investment property or live in one unit and rent out the other! Perfect for a mechanic's shop or small business. 2 units.- previously rented for $500 & $600/mo. Upstairs apartment is a 3 bed, 1 bathroom. Connected to the garage. 1 overhead door but bays for several cars. Downstairs is a 1 bedroom studio. Needs some TLC.

Last Agent to Sell the Property

Kimberly Clark

eXp Realty, LLC Listed on: 06/13/2019

eXp Realty, LLC

Last Buyer's Agent

Lucas Neuffer

Pinnacle Realty Group

Pinnacle Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 6 Parking Spaces
  • Private Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Oakdale Elementary School
  • Boonville Middle School
  • Boonville High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for building insurance, electric, fuel, sewer, tax, water
  • Assessor Parcel Number 87-09-35-108-107.000-003

Community Details

Overview

  • 2 Units
  • Mcculla Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1950
  • Age: 70
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: BLK 5 W PT LOT 39 MC CULLA PARTITION 77 X 97.4 FT
  • Parcel Number ID: 87-09-35-108-107.000-003
  • Platted: Yes
  • Amenities: Storage
  • Cross Street: Cypress
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 85.45
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 1998
  • Total Finished Sq Ft: 1998
  • Above Grade Finished Sq Ft: 1998
  • Price Per Sq Ft: 23.52
  • Basement Foundation: Slab
  • Flooring: Carpet
  • Main Level Sq Ft: 481

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking: Off Street, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Warrick County School Corp.
  • Elementary School: Oakdale
  • Middle School: Boonville
  • High School: Boonville
  • Elementary School: Oakdale

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 77' X 97.4' FT
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17
  • Lot Number: 39

Rental Info

  • Owner Pays: Building Insurance, Electric, Fuel, Sewer, Tax, Water

Tax Info

  • Annual Property Tax: 1474

Multi Family

  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

MLS Schools

  • High School: Boonville
  • Middle School: Boonville
  • School District: Warrick County School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2019
Closed on
Jul 22, 2020
Sold by
Ers Management Llc
Bought by
Owensby Jack and Murphy Owensby Kristina
Seller's Agent
Kimberly Clark
eXp Realty, LLC
Buyer's Agent
Lucas Neuffer
Pinnacle Realty Group
List Price
$154,900
Sold Price
$47,000
Premium/Discount to List
-$107,900
-69.66%
Current Estimated Value
$108,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,536
Avg. Annual Appreciation
16.20%

Purchase Details

Closed on
Mar 27, 2019
Sold by
Brighton Bank
Bought by
Ers Mangagement Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,153
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2019
Sold by
Carbah Christopher
Bought by
Brighton Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,153
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 22, 2015
Closed on
Jun 20, 2016
Sold by
Evans Ron
Bought by
Carbah Christopher L
Seller's Agent
Darron Albin
HARRIS REAL ESTATE LLC
Buyer's Agent
Charlie Butler
KELLER WILLIAMS CAPITAL REALTY
List Price
$59,900
Sold Price
$51,000
Premium/Discount to List
-$8,900
-14.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Owensby Jack $47,000 Regional Title Services Llc
Ers Mangagement Llc -- None Available
Brighton Bank -- None Available
Carbah Christopher L $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owenaby Jack $44,000
Previous Owner Ers Mangagement Llc $455,153
Previous Owner Brighton Bank $455,153
Previous Owner Evans Ronald J $1,165,015
Previous Owner Evans Ronald $224,379
Previous Owner Evans Ronald $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $47,000 -69.7% $24 / Sq Ft
07/05/2020 07/05/20 Pending -- -- --
06/13/2019 06/13/19 For Sale $154,900 +203.7% $78 / Sq Ft
06/20/2016 06/20/16 Sold $51,000 -14.9% $26 / Sq Ft
04/21/2016 04/21/16 Pending -- -- --
04/22/2015 04/22/15 For Sale $59,900 -- $30 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $563 $39,900 $8,700 $31,200
2023 $571 $39,900 $8,700 $31,200
2022 $559 $38,400 $8,700 $29,700
2021 $490 $32,300 $8,700 $23,600
2020 $444 $39,400 $8,700 $30,700
2019 $766 $35,000 $9,500 $25,500
2018 $706 $35,000 $9,500 $25,500
2017 $1,474 $34,800 $9,500 $25,300
2016 $702 $34,800 $9,500 $25,300
2014 $746 $37,000 $12,400 $24,600
2013 $753 $37,400 $12,400 $25,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201924595

Indiana Regional MLS

APN: 87-09-35-108-107.000-003